Rental prices in Greater Mahomet, Greater Champaign, IL have increased by 4.78% over the past year. The average rent moved from $1,827 to $1,914.
The national average price of rental apartments is $1,741, while the average monthly rent in Greater Mahomet, Greater Champaign, IL is $1,914.
The average monthly rent for an apartment in Greater Mahomet, Greater Champaign, IL is around $1,914.
A share of 6% of apartments in Greater Mahomet, Greater Champaign, IL have the cheapest rents between $1,001-$1,500. Around 1% of rentals are $2,501-$3,000. Around 39% of 's apartments have monthly rents between $1,501-$2,000. There are 54% of apartments with rents between $2,001-$2,500.
The largest share of rentals in Greater Mahomet, Greater Champaign, IL (54%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Greater Mahomet, Greater Champaign, IL is $1,382.
In Greater Mahomet, 28% of the residents are renting compared to 72% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 5% of Greater Mahomet's rentals, 80% are small-scale complexes with under 50 units, and 14% are single-family rentals.
In total, Greater Mahomet, Greater Champaign, IL has 15,798 residents, 7,944 women and 7,854 men, per U.S. Census recent estimates. Statistics show that the median age of ’s population is 38.
There is a total of 6,108 households in Greater Mahomet, Greater Champaign, IL. Of these, 2,030 have children and 4,078 are without children. Per Census Bureau’s most current estimates, 4,133 family households and 1,975 non-family households live in this area. The size of a household in is 2 people, on average. The median household annual income in equals $114,974, and the monthly housing costs equal $1,380.
According to data from the U.S. Census Bureau, 2% of the population in Greater Mahomet, Greater Champaign, IL have no high school education, 19% went to high-school, and 18% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 25% hold a Bachelor Degree, and 28% hold a Graduate Degree.
